1950 Gambell St Anchorage, AK 99501

Property Details for 1950 Gambell St

Year built

1974

Lot size

6.80 lot acres

Property size

69,591 SF

Zone code

I1 LIGHT INDUSTRIAL

Property type

Automotive properties

APN

002-172-16-000

APU

217216000

Description

This exceptional commercial property presents a rare investment opportunity in the heart of Midtown Anchorage. Spanning eight acres of prime real estate, this expansive site boasts a substantial 90,883 square feet of combined building area. Its strategic location offers unparalleled visibility and accessibility, situated directly adjacent to the Ben Boeke and Sullivan Arenas, ensuring high traffic and prominent exposure. The existing building and its infrastructure are meticulously maintained and in excellent condition, reflecting a commitment to consistent upkeep. Currently occupied by a long-standing tenant, Kendall Ford Dealership, this property offers a stable income stream and significant potential for future development or repositioning. The property's size and location make it ideal for a variety of commercial uses, presenting a compelling opportunity for investors seeking a high-value asset in a thriving Anchorage market. The substantial building area allows for flexibility in adapting the space to suit diverse business needs. Given the prime location and the existing infrastructure, this property represents a unique chance to acquire a significant commercial holding in a highly desirable area of Anchorage. Interested parties are encouraged to inquire for further details and to explore the possibilities this exceptional property offers. Please note that direct contact with the current tenant is not permitted.

Location Insight

City

Anchorage

County

Anchorage

State

Alaska

Longitude

-149.87

Latitude

61.2029

CBSA code

11260

CBSA name

ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments